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Question: How much do you think 1 Bitcoin will be worth in 2020?
$100
$1.000
$10.000
$100.000
$1.000.000
$0
$1
$10

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Author Topic: How much do you think 1 Bitcoin will be worth in 2020?  (Read 58234 times)
sishendaoye
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July 21, 2016, 09:12:21 AM
 #621

By 2020 10k would be great achievement so now we have another 4 years, what is wonderful with bitcoin it is recent steady growth and price is moving upward rapidly, so that I am quite sure at that time price will be around $8000 - $10,000
yeah seeing the world getting more digitalize  and technological day by day its obvious to gain more popularity of bitcoin as upto 2020 bitcoin will be totally recognize as the global currency as of my guess and the worth of 1 bitcoin as 10k $ is pretty good as a prediction i think !
Not sure what the price is going to be like in 2020 because it is to hard to predict the future of the Bitcoin, to many things can happen.
The price can either be really high or it can be really low we just have to wait it out and see what will happen.
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yudy
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July 21, 2016, 09:51:28 AM
 #622

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

posibility price over one thousand dollar every one bitcoin $1000
maybe $ 1,100 but i think is till under $2000 every one bitcoin price
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July 21, 2016, 03:54:05 PM
 #623

Predicting about bitcoin was never easy so I will not go much far.According to many they have voted for 10,000$ which Is more than 10 times than it is now.But I think its too much I have voted for 1000$ because it looks more realistic and think it will be around that price.
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July 21, 2016, 06:38:10 PM
 #624

Predicting about bitcoin was never easy so I will not go much far.According to many they have voted for 10,000$ which Is more than 10 times than it is now.But I think its too much I have voted for 1000$ because it looks more realistic and think it will be around that price.

It is very hard to make long-term predictions. I don't know what Bitcoin has in store for it in the coming 4 years. But I think it is possible for some major things to happen during that time frame. Possibly new tech to enhance Bitcoin or to simplify it for the masses, or maybe something like a major Bitcoin startup will happen and materialize. These may impact the price, or maybe the block halving will in 2020.
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July 21, 2016, 08:03:51 PM
 #625

Its not possible to predict that will be the price of bitcoin by that time but one thing is sure that it will be holding 4 digit price allowing  us to make good money.
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July 21, 2016, 09:10:19 PM
 #626

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

If we give our full support to bitcoin and promote this coin to all of our friends and relative and invite them to invest i there then it is sure that the price will be much higher maybe in 2020 it will be more than $5000.
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July 22, 2016, 10:29:18 AM
 #627

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

If we give our full support to bitcoin and promote this coin to all of our friends and relative and invite them to invest i there then it is sure that the price will be much higher maybe in 2020 it will be more than $5000.

That is what we are doing at the moment. Whenever I have a chance, I will promote the bitcoin. But I do not recommend them to buy.
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July 28, 2016, 02:57:27 PM
 #628

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

If we give our full support to bitcoin and promote this coin to all of our friends and relative and invite them to invest i there then it is sure that the price will be much higher maybe in 2020 it will be more than $5000.

That is what we are doing at the moment. Whenever I have a chance, I will promote the bitcoin. But I do not recommend them to buy.

It is better not to recommend people to buy. If they lose money in the investment, they will blame you.
abugseuf
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July 28, 2016, 05:05:36 PM
 #629

Its not possible to predict that will be the price of bitcoin by that time but one thing is sure that it will be holding 4 digit price allowing  us to make good money.
yes it is not so easy to study the nature of bitcoin. and to predict the price of bitcoin in advance but we can say that if it is about 2000$ then it will good for us. i can hope that in 2020 bitcoin will be trade above 2500$ per bitcoin and that will be a good price at that time.
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July 29, 2016, 07:54:13 PM
 #630

2020 is 4 years away. I think the price will rise 10 to 50 fold in the next four years. So it could be $30,000 each.
that would be really great though those are just predictions that might turn out to be false, i think that bitcoin can reach 10000 dollars but 30000 seems a bit unrealistic

 
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ontrackk
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July 30, 2016, 12:07:37 AM
 #631

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

The price has risen quite a lot this year. It is almost double the price from 6 months ago. The price will be much higher in 2020.
thats right, i think that the price of the bitcoin is going to grow even more in the near future, i hope that it was just the beginning after this halving

 
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w00t
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July 30, 2016, 06:31:58 PM
 #632

The midterm guess is rather difficult. My guess would be something like 10k USD conservatively, it could go to 100k USD though.

Why I think it will be in range 10-100k USD per 1 BTC?
  • Every single week I hear news that we are moving towards the cashless society. As far as I know the closest thing to cash is not gold or silver it's BTC for it's perfect divisibility and ease of transportation.
  • With negative interests already in place in more and more countries the only way how to escape this extra tax in place is through cash, cash is about to be banned - see point #1
  • USD M0 supply (M0 = bank notes and coins) is about 4 trillion USD, 1 million BTC is lost (or at least will never be traded) -> 4 trillion/20million and there you go 200k USD per 1 BTC is now easy. This is USD only, imagine if they go "cashless" in EU or some another country, you're easily at 500k USD per 1 BTC.
  • A lot people is storing value in gold, valuing it close to 8 Trillion USD total as of today, simply because they don't know any better or are "scared" of anything else. Do your own calculation but speculating half of it will go to BTC there is another 4 Trillion market cap for you (+200k USD per 1BTC value). Once the ice will start moving and we go "cashless" gold can be easily pumped to 20 Trillion before they realize that they bet on the wrong horse.

Feel free to say I'm wrong, but say why I'm wrong. If you say "it's not possible" without giving a reason you look silly to say the least.

Sources:
http://www.tradingeconomics.com/united-states/money-supply-m0
http://onlygold.com/Info/All-The-Gold-In-The-World.asp

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Ewinsane
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July 30, 2016, 07:25:00 PM
 #633

i think its depend on adoption of bitcoin if a large number of people adopt the bitcoin then 1 bitcoin easily hit to 10,000$.
martinacar
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July 30, 2016, 08:23:18 PM
 #634

i think its depend on adoption of bitcoin if a large number of people adopt the bitcoin then 1 bitcoin easily hit to 10,000$.

With adoption growing and with the halving in 2020. I guess we will see a price close to 2000 dollar.
That's why I am not selling at the moment, the price will have to go up in the long term.
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July 30, 2016, 08:36:55 PM
 #635

i think its depend on adoption of bitcoin if a large number of people adopt the bitcoin then 1 bitcoin easily hit to 10,000$.

With adoption growing and with the halving in 2020. I guess we will see a price close to 2000 dollar.
That's why I am not selling at the moment, the price will have to go up in the long term.

So you're not going to sell anything before we're in 2020? That's quite impressive if you really manages to not sell anything till that time. So far I don't know anyone that managed to do the same.
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July 30, 2016, 08:49:38 PM
 #636

Only 3 and half years are remaining to enter 2020, and in that time I think the price of bitcoin will increase but will not be in more than 4 digits, I think the price of bitcoin at that time will be around $1000 to $2000, if we keep promoting the technology and concept of bitcoin all around us.
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July 31, 2016, 08:34:46 AM
 #637

if we look at the present trend of the price of bitcoin and the people interest we can conclude that the price of bitcoin will not come down and it will continue its journey upward, there fore i can say that in 2020 if the government have also take a positive step toward bitcoin and turn it as a legal currency, then the price of bitcoin will about 2500 USD,
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July 31, 2016, 12:33:38 PM
 #638

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool
Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.
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August 05, 2016, 02:39:27 PM
 #639

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool
Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.

There will not be many people in the world use the bitcoin. If 1% of the world population use the bitcoin, the price will be over $500,000.
Already 1% people over the world are aware about bitcoin, the current price is $570 and the price expected by you is $500k, the difference is too large and if 30% people come to know about bitcoin then the price will touch $10k.
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August 07, 2016, 03:45:56 PM
 #640

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool
Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.

There will not be many people in the world use the bitcoin. If 1% of the world population use the bitcoin, the price will be over $500,000.
Already 1% people over the world are aware about bitcoin, the current price is $570 and the price expected by you is $500k, the difference is too large and if 30% people come to know about bitcoin then the price will touch $10k.

1% of the world population is about 70 million people. But just may 0. 5 million people actually own bitcoin.

we will probably never know how many people are actually holding bitcoin, but i am quite sure that the number is far below 1 million. maybe as you also said, closer to 500k. this however shows how much growth we can potentially expect in the future. keep holding and everyone will be just fine.
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